Minister of Tourism, Hon. Edmund Bartlett, says investment interest from the Middle East is growing in the Caribbean. “I was able to have discussions with partners, whom I brought here earlier this year, and they are reviewing how they look at the Caribbean in terms of supporting the region with investments,” Mr. Bartlett said. He noted that, traditionally, countries focused...

Potential investors/developers who decide to operate within the proposed Caymanas Special Economic Zone (SEZ) in St. Catherine will enjoy tax-free benefits for an extended period. This was disclosed by Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, who said the Government is looking to attract interest in the development of the property as it seeks to get...

Persons using cryptocurrencies or who are contemplating this are being urged by the Bank of Jamaica (BOJ) to do so cautiously. Governor, Richard Byles, says the institution is mindful to advise individuals of the unpredictable nature of cryptocurrencies’ value. “We do take the time to warn people that those values can go up and down, and quite [volatilely] so too,”...

Jamaicans overseas are being encouraged to seize the various opportunities available to invest in the island. Declaring that “Jamaica is open for business”, Minister of State for Industry, Investment and Commerce, Dr. the Hon. Norman Dunn, said that there are opportunities for business activity across diverse sectors, including agribusiness, manufacturing, tourism, logistics and outsourcing. He noted that entities such as...

Jamaica intends to capitalise on investment opportunities coming out of the World Free Zones Organization (WFZO) Annual International Conference and Exhibition (AICE) 2022, while taking advantage of the occasion to learn from its global partners, says President of the Jamaica Promotions Corporation JAMPRO, Diane Edwards. Speaking to JIS News during Tuesday’s (July 14) session of the conference, which is being...

Minister of Industry, Investment and Commerce, Senator the Hon. Aubyn Hill, has commended the United Nations Conference on Trade and Development (UNCTAD) for its part in charting a new path for trading. Senator Hill was addressing the opening summit of the World Freezones Organization (World FZO) AICE Conference 2022 on Monday (June 13) at the Montego Bay Convention Centre in...

The Ministry of Industry, Investment and Commerce (MIIC), through its departments and agencies, continues to ensure that food remains safe for consumers. Addressing a recent JIS ‘Think Tank’, Chief Executive Officer (CEO) of the National Compliance and Regulatory Authority (NCRA), Dr. Lorice Edwards-Brown, said the Ministry takes its responsibility and mandate seriously in ensuring that food is wholesome for the...